Business Assistance

 

The following programs are available to new and existing businesses in downtown Lock Haven.

Façade Challenge Grant Program (Unavailable at this time)

Downtown Lock Haven Inc. offers matching grants for storefront and facade improvements in the downtown business district up to a maximum amount of $5,000 per storefront. Any person(s) or other legal entity owning commercial property in the City of Lock Haven’s Central Business District is eligible to apply. Qualifying commercial properties include single-purpose retail and office buildings and mixed-use buildings ontaining combinations of retail, office, and residential apartments. 

For more information, please contact:         

Natasha Gorham
Downtown Lock Haven Manager
Downtown Lock Haven Inc. 
205 East Main Street
Lock Haven, PA  17745
Phone: 570-748-1576

 

Commercial Revolving Loan Program

The purpose of the Commercial Revolving Loan Program is to establish a below market interest rate loan program for small businesses to improve their facilities; for the expansion of existing businesses; and the start-up of new businesses in the City of Lock Haven. The term of the loan is usually three years for working capital, five years for machinery and equipment, and seven years for real estate. The maximum loan is $50,000 or 50% of the total project costs, whichever is less. The use of the loan must be related to the creation and/or retention of one job for every $10,000 borrowed. 

LERTA, Local Economic   Revitalization Assistance Program

The LERTA Program is available in all municipalities in the State Enterprise Zone. This program authorizes municipalities to exempt improvements to business property if such property is located in the deteriorated area.
   

For more information, please contact:         

City of Lock Haven
Planning & Development Office
20 East Church Street
Lock Haven, PA  17745
Phone: 570-893-5903
Fax: 570-893-5905


Clinton County Revolving Loan Fund


All new or existing businesses located within Clinton County are eligible to apply for loans through the Clinton County Revolving Loan Fund Board at 4% interest rate for a seven-year term. The loan amount is 33 1/3 % of the total project costs. One full-time job must be created and retained for each $10,000 borrowed from the revolving loan funds.  

For more information, please contact:         
Clinton County Economic Partnership
212 North Jay Street
Lock Haven, PA  17745
Phone: 570-748-5782
Fax: 570-893-0433

 

Small Business Assistance

To succeed, all businesses require both sufficient capital and knowledge to use it wisely. SBDC consultants help entrepreneurs develop the planning, management and financial skills necessary to make their business thrive. Our one-on-one management consulting emphasizes education and guidance in finding practical solutions to business problems. Consulting is confidential and provided at no charge.

For more information, please contact:         
Lock Haven University Small Business Development   Center
301 West Church Street Lock Haven, PA 17745
Phone: 570-484-2589 Fax: 570-484-2588

 

SEDA Council of Governments


SEDA Council of Governments offers a variety of economic development programs including the following:         

Pennsylvania Industrial Development Authority (PIDA) loans         
Machinery & Equipment Loan Fund (MELF) Loans
 
PA Economic Development Financing Authority Tax exempt Bond Program         
PA Department of Community & Economic Development Office of vocational Machinery and Equipment Grant Program. Revolving Loans to assist business expansion projects up to $100,000.
                    

For more information, please contact:         
SEDA-Council of Governments
RR # 1, Box 372
Lewisburg, PA 17837
Phone: 570-524-4491 Fax: 570-524-9190